Core Viewpoint - The company Shenyin Wanguo Securities (申万宏源) has shown significant growth in its financial performance for the first half of 2025, with notable increases in revenue and net profit, while also engaging in bond issuance to strengthen its capital structure [3][4][5]. Financial Performance - For the first half of 2025, the company reported a main revenue of 11.695 billion yuan, an increase of 44.44% year-on-year [3]. - The net profit attributable to shareholders reached 4.284 billion yuan, up 101.32% year-on-year [3]. - The second quarter of 2025 saw a main revenue of 6.216 billion yuan, a remarkable increase of 157.21% year-on-year [3]. - The net profit for the second quarter was 2.307 billion yuan, reflecting a year-on-year increase of 211.54% [3]. Shareholder Changes - As of June 30, 2025, the number of shareholders decreased to 227,200, a reduction of 7,407 households or 3.16% compared to March 31, 2025 [2]. - The average number of shares held per household increased from 96,100 to 99,200 shares, with an average holding value of 497,900 yuan [2]. Bond Issuance - The company completed the issuance of its third phase of corporate bonds on August 19, 2025, with a total scale of 1.9 billion yuan [4]. - The first type of bond issued was 500 million yuan with a term of 25 months and an interest rate of 1.80%, while the second type was 1.4 billion yuan with a term of 3 years and an interest rate of 1.90% [4]. - Additionally, a non-public issuance of short-term corporate bonds was completed on August 25, 2025, totaling 3.9 billion yuan [4]. Profit Distribution - The board of directors approved a profit distribution plan for the first half of 2025, proposing a cash dividend of 0.35 yuan per 10 shares, totaling approximately 876.4 million yuan, which accounts for 20.46% of the net profit attributable to shareholders [5].

格隆汇8月26日丨申万宏源(06806.HK)发布公告，公司所属申万宏源证券有限公司2025年面向专业投资 者公开发行公司债券(第三期)发行工作于2025年8月19日结束，本期债券发行规模人民币19亿元，分两 个品种，其中品种一发行规模人民币5亿元，期限25个月，票面利率1.80%；品种二发行规模人民币14 亿元，期限3年，票面利率为1.90%。 经深圳证券交易所审核，本期债券定于2025年8月26日起在深圳证券交易所上市，面向专业投资者中的 机构投资者交易，品种一债券简称"25申证05"，债券代码为"524403"；品种二债券简称"25申证06"，债 券代码为"524404"。 ...

申万宏源（000166）(06806)公布，经深圳证券交易所审核，申万宏源证券（000562）有限公司 2025 年 面向专业投资者公开发行公司债券(第三期)定于2025年8月26日起在深圳证券交易所上市，面向专业投 资者中的机构投资者交易，品种一债券简称"25 申证05"，债券代码为"524403";品种二债券简称"25 申证 06"，债券代码为"524404"。 ...